Author
The author is a senior economist, columnist, author and a votary of inclusive development
PM Modi’s ambitious goal of achieving high-income status by 2047 is doable. However, we must aim beyond the GDP‒ and higher. A 15 trillion-dollar economy in 25 years is not a real indicator of development, writes Vikas Singh
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The key lies in creating a fair and competitive environment that promotes excellence and competitiveness
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While we celebrate the growth of the aspiring class, the policymakers must ensure the middle income doesn’t slip and is left behind
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Corruption causes significant distortions and inefficiencies and diminishes growth. It is detrimental to a free, fair, competitive, and efficient market. It creates an uneven playing field for businesses. It affects both private and foreign investment
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A modest form of generosity makes people happier than spending that same amount on themselves, writes Dr Vikas Singh
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The platform can gather contextual data. ‘Link’ MSMEs to the relevant stakeholders to serve most needs of the sector.
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India has a strong anti-monopoly policy; it’s the implementation that is the concern
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The Hindenburg report has several fallouts, many lessons. It has wiped out about $100 billion market in capitalisation of the Adani group. Many others with similar business structures and practices will be impacted.
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The large players need to invest in automation, technology, and other productivity-enhancing measures
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The regulators need to reign in ‘corporate consolidation’, ‘bad mergers’ and equally bad auctions
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